ESPERA Funds are community lending pools for women. We work with emerging or existing women’s networks. The women own and manage the fund. The money does not return to Mary’s Pence, it will be used by the women now and into the future.
Photo by Kelly Creedon
Each ESPERA Fund is designed by the women involved to best meet their needs. This is a very important statement. We believe in the wisdom of local women. They understand the issues that they face in their every day lives, and they know their needs best.
All ESPERA Funds have these things in common:
Yet each fund is designed to meet the needs of the women involved:
A typical ESPERA Fund does the following:
Mary’s Pence supports each network with start up and administrative costs during the first year. Each network has the support of a Mary's Pence Fund Facilitator who visits the women between 2 and 4 times per year.
Concertación de Mujeres de Suchitoto, El Salvador